More Dubai property buyers opt for mortgage over cash. Dubai population to hit 4 million by 2026. Luxury villa prices in Abu Dhabi increased up to 5% in Q3 2024. Saudi’s KAFD to raise $700mln.
A Jumeirah Bay Island apartment sold for nearly AED 17,000 per square foot. Properties below AED 1 million dropped from 46% of transactions in 2018 to 29% in 2024.
Dubai real estate demand expected to spike. Dubai real estate tax rules in focus. Transactions over Dh15 million increased by 65% in Q3. Ohana to develop branded residence project in Abu Dhabi.
Can Dubai's infrastructure support more expats? Nakheel announces Bay Grove Residences. DLD launches Dubai Market Intelligence Dashboard. Dubai real estate shifts to mixed-use developments.
The total real estate transactions in Dubai for Week 41 reached AED 9.77 billion. Off-Plan contributed AED 6.27 billion (64.2%) and Ready contributed AED 3.5 billion (35.8%) of the total value.
Binghatti will hand over $1bn of property in next three months. Dubai developers may face construction delays as pre-sales pipeline grows. Aldar, Expo City Dubai to develop Dhs1.75bn Project.
Dubai’s real estate revenues surpass U.K.’s. Global rich are picking Dubai’s luxury real estate over a volatile stock market. Off-plan sales grew 58.7% year over year, Transactions grew 15% over Q2.
Affordable apartment yields in areas like DIP and Discovery Gardens range from 9-11%. Will Dubai rents drop in 2025 as city gets 100,000 new villas, apartments? Dubai Holding is planning a REIT.
Dubai apartment prices rose by 24.8%, and villa prices increased by 33.1% since last year. Dubai brokers are charging a minimum Dh5,000 commission for rentals under AED 100K.
Land transactions in Sep. 2024 was 37% of the total transactions. The market saw an increase of approximately AED300 million from August 2024 to Sep. 2024, and up AED 8 billion over Sep. 2023.
The post-Expo boom in Dubai’s property market, particularly in areas around Expo City, shows no signs of slowing down.
Dubai's real estate market reached a record AED 141.9 billion in Q3 2024. Reef To Invest Dh14 Billion In Property Market. Why more people will buy properties in coming years.
